Ripple has upgraded its Ripple Custody service to provide bank-grade crypto custody solutions to fintech firms and crypto businesses. The improvements include compliance tool integration, expanded HSM options, support for tokenizing real-world assets on the XRP Ledger, pre-configured policy frameworks, and an improved user interface. Ripple Custody aims to serve high-growth crypto and fintech businesses with secure and scalable digital asset custody. The updated service now supports tokenization features of the XRPL, enabling businesses to manage various assets. It also offers access to the XRPL's native DEX for asset trading. Integration with Elliptic for transaction screening services and HSM support on preferred cloud providers have been added. The platform has experienced significant growth in new customers and is available in major financial markets. Ripple positions itself as a key infrastructure provider in the digital asset space, with industry forecasts predicting substantial growth in crypto assets under custody by 2030. Read more AI-generated news on: https://app.chaingpt.org/news

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